GREAT WESTERN MINING CORPORATION PLC
("Great Western", "GWM" or the "Company")
GRANT OF SHARE OPTIONS
Great Western Mining Corporation PLC (AIM: GWMO & ESM: 8GW) announces that it has granted a total of 400 million share options, including grants to Directors, in accordance with the rules of the Company's Share Option Plan 2014.
The share option awards were approved by the Board on 20 August 2024 (the "Award Date") and the exercise price of the new options will be Sterling 0.04 pence per share, representing the average closing price for the ten preceding days. The options are for seven years and vest immediately with exercise subject to performance conditions being a minimum 50% uplift in the share price.
Share Options issued to persons discharging management responsibilities are:
| Gemma Cryan | 15,000,000 |
| Alastair Ford | 15,000,000 |
| Brian Hall | 85,000,000 |
| Andrew Hay | 15,000,000 |
| Robert O'Connell | 85,000,000 |
| Max Williams | 85,000,000 |
Great Western has 8,346,945,746 ordinary shares of €0.0001 in issue. In addition to the options being granted today, the Company has 160,000,000 Share Options outstanding with exercise prices ranging from 0.09 pence per share to 0.8 pence per share.
The Directors' interests in the shares of Great Western are:
|
| Shares | Options pre-grant | Options post-grant |
| Gemma Cryan | 9,090,909 | 12,000,000 | 27,000,000 |
| Alastair Ford | 3,636,363 | 12,000,000 | 27,000,000 |
| Brian Hall | 234,772,729 | 33,000,000 | 118,000,000 |
| Andrew Hay | 31,881,818 | 12,000,000 | 27,000,000 |
| Robert O'Connell | 34,170,490 | 35,000,000 | 131,000,000 |
| Max Williams | 75,227,273 | 29,000,000 | 114,000,000 |
For further information:
| Great Western Mining Corporation PLC | |
| Brian Hall, Chairman | +44 207 933 8780 |
| Max Williams, Finance Director | +44 207 933 8780 |
| | |
| Davy (NOMAD, Euronext Growth Listing Sponsor & Joint Broker) Brian Garrahy |
+353 1 679 6363 |
| | |
| SP Angel Corporate Finance LLP (Joint Broker) Ewan Leggat/Adam Cowl |
+44 203 470 0470 |
| | |
| Walbrook PR (PR advisers) Nick Rome |
+44 207 933 8783 |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | GEMMA CRYAN
| ||||
|
| ||||||
| Reason for the notification
| ||||||
| a) | Position/status | DIRECTOR
| ||||
| b) | Initial Notification Amendment | Initial
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GREAT WESTERN MINING CORPORATION PLC
| ||||
| b) | LEI | 635400NZ1RTHSGDVNQ43
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF €0.0001 EACH
ISIN: IE00B1FR8863
| ||||
| b) | Nature of the transaction |
GRANT OF OPTIONS
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
| e) | Date of the transaction | 20 AUGUST 2024
| ||||
| f) | Place of the transaction | OFF MARKET
| ||||
| g) | Additional Information |
n/a
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | ALASTAIR FORD
| ||||
|
| ||||||
| Reason for the notification
| ||||||
| a) | Position/status | DIRECTOR
| ||||
| b) | Initial Notification Amendment |
Initial
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GREAT WESTERN MINING CORPORATION PLC
| ||||
| b) | LEI | 635400NZ1RTHSGDVNQ43
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF €0.0001 EACH
ISIN: IE00B1FR8863
| ||||
| b) | Nature of the transaction |
GRANT OF OPTIONS
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
| e) | Date of the transaction | 20 AUGUST 2024
| ||||
| f) | Place of the transaction | OFF MARKET
| ||||
| g) | Additional Information |
n/a
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | BRIAN HALL
| ||||
|
| ||||||
| Reason for the notification
| ||||||
| a) | Position/status | EXECUTIVE CHAIRMAN
| ||||
| b) | Initial Notification Amendment |
Initial
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GREAT WESTERN MINING CORPORATION PLC
| ||||
| b) | LEI | 635400NZ1RTHSGDVNQ43
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF €0.0001 EACH
ISIN: IE00B1FR8863
| ||||
| b) | Nature of the transaction |
GRANT OF OPTIONS
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
| e) | Date of the transaction | 20 AUGUST 2024 | ||||
| f) | Place of the transaction | OFF MARKET
| ||||
| g) | Additional Information |
n/a
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | ANDREW HAY
| ||||
|
| ||||||
| Reason for the notification
| ||||||
| a) | Position/status | DIRECTOR
| ||||
| b) | Initial Notification Amendment |
Initial
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GREAT WESTERN MINING CORPORATION PLC
| ||||
| b) | LEI | 635400NZ1RTHSGDVNQ43
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF €0.0001 EACH
ISIN: IE00B1FR8863
| ||||
| b) | Nature of the transaction |
GRANT OF OPTIONS
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
| e) | Date of the transaction | 20 AUGUST 2024
| ||||
| f) | Place of the transaction | OFF MARKET
| ||||
| g) | Additional Information |
n/a
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | ROBERT O'CONNELL
| ||||
|
| ||||||
| Reason for the notification
| ||||||
| a) | Position/status | OPERATIONS DIRECTOR
| ||||
| b) | Initial Notification Amendment |
Initial
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GREAT WESTERN MINING CORPORATION PLC
| ||||
| b) | LEI | 635400NZ1RTHSGDVNQ43
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF €0.0001 EACH
ISIN: IE00B1FR8863
| ||||
| b) | Nature of the transaction |
GRANT OF OPTIONS
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
| e) | Date of the transaction | 20 AUGUST 2024
| ||||
| f) | Place of the transaction | OFF MARKET
| ||||
| g) | Additional Information |
n/a
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a) | Name | MAX WILLIAMS
| ||||
|
| ||||||
| Reason for the notification
| ||||||
| a) | Position/status | FINANCE DIRECTOR
| ||||
| b) | Initial Notification Amendment | Initial
| ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GREAT WESTERN MINING CORPORATION PLC
| ||||
| b) | LEI | 635400NZ1RTHSGDVNQ43
| ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF €0.0001 EACH
ISIN: IE00B1FR8863
| ||||
| b) | Nature of the transaction |
GRANT OF OPTIONS
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
| e) | Date of the transaction | 20 AUGUST 2024
| ||||
| f) | Place of the transaction | OFF MARKET
| ||||
| g) | Additional Information |
n/a
| ||||
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